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Will Canny

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Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He's now covering the crypto beat as a contract reporter at CoinDesk.

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Lending money handing over paying cash (Shutterstock)
Finance
Bitcoin mining
Private Equity Giants Are Circling Bitcoin Miners on AI Allure
Private equity firms are seeing value in partnering with bitcoin miners to help with AI computing after Core Scientific signed a 200MW deal with CoreWeave in June, the company...
Lending money handing over paying cash (Shutterstock)
By Will CannyAoyon Ashraf
Jul 5, 2024 at 3:38 p.m. UTC
Jul 5, 2024
Bitcoin MiningCore ScientificCoreweaveAIPrivate EquityExclusiveCEO
Funding (Gerd Altmann/Pixabay)
Markets
Venture capital
Crypto Venture Capital Market Rebound Extends Into Second Quarter: Galaxy
The median pre-money deal valuation jumped to highs of $37 million, suggesting that despite a lack of available investment capital a resurgent crypto market has led to increas...
Funding (Gerd Altmann/Pixabay)
By Will Canny
Jul 3, 2024 at 11:53 a.m. UTC
Jul 3, 2024
Venture CapitalCryptoBitcoinGalaxy Digital
Crypto industry is about to boom and has started to outperform the internet: Architect Partners. (Hans Eiskonen/Unsplash)
Finance
Mergers and acquisitions
Crypto Industry Is About to Boom, Is Outperforming the Internet: Architect Partners
The digital asset industry added more than $750 billion in value in the first half of the year, the report said.
Crypto industry is about to boom and has started to outperform the internet: Architect Partners. (Hans Eiskonen/Unsplash)
By Will Canny
Jul 3, 2024 at 9:02 a.m. UTC
Jul 3, 2024
mergers and acquisitionsArchitect partnersCrypto
Schematic of a small modular nuclear reactor (Department of Energy via Wikipedia, modified by CoinDesk using PhotoMosh)
Technology
Kraken
Crypto Exchange Kraken Is Considering Going Nuclear
Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an...
Schematic of a small modular nuclear reactor (Department of Energy via Wikipedia, modified by CoinDesk using PhotoMosh)
By Will Canny
Jul 2, 2024 at 3:27 p.m. UTC
Jul 2, 2024
KrakenCryptoData CentersExclusiveInterview
SEC approval of spot ether ETFs could spur inflows of as much as $5 billion in the first six months, Gemini says. (Nikhilesh De/CoinDesk)
Markets
Etfs
Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini
Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report said.
SEC approval of spot ether ETFs could spur inflows of as much as $5 billion in the first six months, Gemini says. (Nikhilesh De/CoinDesk)
By Will Canny
Jul 2, 2024 at 9:05 a.m. UTC
Jul 2, 2024
ETFsEtherCryptoGeminiether ETF
Scrabble letters spelling ETF arranged a rack
Markets
Ether
Crypto Spot ETFs Will Have More Influence on Market's Price Action: Canaccord
Ether spot ETFs, once launched, should help broaden institutional appetite for other digital assets, the report said.
Scrabble letters spelling ETF arranged a rack
By Will Canny
Jul 1, 2024 at 12:46 p.m. UTC
Jul 1, 2024
EtherBitcoinETFsCanaccord GenuityCrypto
Abra CEO Bill Barhydt. (CoinDesk archives)
Finance
Abra
Abra Launches Treasury Service for Corporates That Want to Hold Crypto
The service will provide corporates, family offices and non-profits with a range of digital asset treasury management solutions.
Abra CEO Bill Barhydt. (CoinDesk archives)
By Will Canny
Jul 1, 2024 at 8:00 a.m. UTC
Jul 1, 2024
AbraCryptoExclusiveAsset Management
Ether to hit $6,500 later this year driven by inflows into spot ETFs: analyst (Rob Mitchell)
Finance
Ether
Ether to Hit $6.5K Later This Year Driven by Inflows Into Spot ETFs: Analyst
The crypto market is being overly pessimistic about the imminent launch of spot ether ETFs in the U.S. and net inflows could hit $20 billion in the first year, Steno Research...
Ether to hit $6,500 later this year driven by inflows into spot ETFs: analyst (Rob Mitchell)
By Will Canny
Jun 28, 2024 at 7:03 a.m. UTC
Jun 28, 2024
EtherETFs
Crypto markets to see selling pressure in July from Mt. Gox creditors: JPMorgan. (Shutterstock)
Markets
Mt. gox
Crypto Markets to See Selling Pressure in July From Mt. Gox Creditors: JPMorgan
If most of the liquidations by Mt. Gox creditors occur next month, crypto markets are expected to sell off in July then rebound in August, the report said.
Crypto markets to see selling pressure in July from Mt. Gox creditors: JPMorgan. (Shutterstock)
By Will Canny
Jun 27, 2024 at 12:58 p.m. UTC
Jun 27, 2024
Mt. GoxJPMorganBitcon
Ether spot ETFs could see $5B of net inflows in first five months of trading: Galaxy. (Rob Mitchell)
Markets
Ether
Ether Spot ETFs Could See $5B of Net Inflows in the First Five Months: Galaxy
Ether is more price sensitive to ETF inflows than bitcoin due to the large amount of ETH total supply that is locked up, the report said.
Ether spot ETFs could see $5B of net inflows in first five months of trading: Galaxy. (Rob Mitchell)
By Will Canny
Jun 27, 2024 at 9:48 a.m. UTC
Jun 27, 2024
EtherETFsGalaxy